The stock of NXP Semiconductors NV (NASDAQ:NXPI) is a huge mover today! About 1.45 million shares traded hands. NXP Semiconductors NV (NASDAQ:NXPI) has risen 16.40% since April 11, 2016 and is uptrending. It has outperformed by 10.26% the S&P500.
The move comes after 5 months positive chart setup for the $33.49 billion company. It was reported on Nov, 11 by Barchart.com. We have $131.61 PT which if reached, will make NASDAQ:NXPI worth $11.72B more.
NXP Semiconductors NV (NASDAQ:NXPI) Ratings Coverage
Out of 23 analysts covering NXP Semiconductors NV (NASDAQ:NXPI), 12 rate it a “Buy”, 1 “Sell”, while 10 “Hold”. This means 52% are positive. NXP Semiconductors NV has been the topic of 36 analyst reports since August 3, 2015 according to StockzIntelligence Inc. Morgan Stanley initiated the stock with “Overweight” rating in Monday, October 12 report. Robert W. Baird downgraded the stock to “Neutral” rating in Friday, October 28 report. On Wednesday, February 3 the stock rating was initiated by Goldman Sachs with “Neutral”. The firm earned “Buy” rating on Friday, February 5 by Topeka Capital Markets. The rating was downgraded by Raymond James to “Outperform” on Tuesday, April 19. The firm has “Equal-Weight” rating by Morgan Stanley given on Friday, October 28. The firm has “Outperform” rating by Robert W. Baird given on Tuesday, August 2. Jefferies maintained it with “Buy” rating and $130 target price in Friday, April 29 report. As per Wednesday, July 20, the company rating was initiated by Summit Redstone Partners. The firm has “Hold” rating by Jefferies given on Thursday, October 27.
According to Zacks Investment Research, “NXP Semiconductors N.V. is a global semiconductor company. The Company designs and manufactures High Performance Mixed Signal semiconductor solutions to meet the requirements of systems and sub-systems in its target markets. High Performance Mixed Signal solutions are an optimized mix of analog and digital functionality integrated into a system or sub-system. The Company’s expertise is in RF, analog, power management, interface, security and digital processing products. NXP’s solutions are used in a wide range of automotive, identification, wireless infrastructure, lighting, industrial, mobile, consumer and computing applications. The Company claims to provide its customers improved power efficiency, functional performance, miniaturization, quality, durability and adaptability in their electronic systems and application solutions. NXP is based in Eindhoven, the Netherlands, with research and development activities in Asia, Europe and the United States, and manufacturing facilities in Asia and Europe.”
More notable recent NXP Semiconductors NV (NASDAQ:NXPI) news were published by: Fool.com which released: “2 Ways It Still Makes Sense to Invest In NXP Semiconductors NV” on November 09, 2016, also Wsj.com with their article: “Qualcomm to Buy NXP Semiconductors for $39 Billion” published on October 27, 2016, Fool.com published: “Should NVIDIA Investors Be Worried About Qualcomm’s Pending Purchase of NXP …” on November 08, 2016. More interesting news about NXP Semiconductors NV (NASDAQ:NXPI) were released by: Fool.com and their article: “Is This Qualcomm Buyout the Best Deal NXP Semiconductors Could Get?” published on October 31, 2016 as well as Reuters.com‘s news article titled: “Qualcomm nears $37 billion deal to buy NXP Semiconductors: source” with publication date: October 21, 2016.
NXPI Company Profile
NXP Semiconductors N.V. (NXP), incorporated on August 2, 2006, is a holding company. The Firm operates as a semiconductor firm and a long-standing supplier. The Firm provides high performance mixed signal and standard product solutions. The Company’s divisions include High Performance Mixed Signal (HPMS), Standard Products (SP), and Corporate and Other. The Company’s product solutions are used in a range of end-market applications, including automotive, personal security and identification, wireless and wireline infrastructure, mobile communications, multi-market industrial, consumer and computing. It engages with global original equipment manufacturers (OEMs) and sells products in all geographic regions.
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